https://www.sec.gov/Archives/edgar/data/1537140/000158064220003197/swan497.htmImportant Notice Regarding Change in Investment Policy
Swan Defined Risk Foreign Developed Fund
Class A Shares: SDJAX
Class C Shares: SDJCX
Class I Shares: SDJIX
Class Y Shares: SDJYX
Prospectus, Summary Prospectus and Statement of Additional Information Supplement
dated August 28, 2020
Please be advised effective October 27, 2020, the following fund name change will take place:
Current Fund Name---------------------------------New Fund Name
Swan Defined Risk Foreign Developed Fund-------Swan Defined Risk Foreign Fund
Consequently, all references to Swan Defined Risk Foreign Developed Fund in the Fund’s Prospectus, Summary Prospectus and Statement of Additional Information are deleted and replaced with Swan Defined Risk Foreign Fund.
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You should read this Supplement in conjunction with the Fund’s currently effective Prospectus, Summary Prospectus and Statement of Additional Information, which provide information that you should know about the Fund before investing. These documents are available upon request and without charge by calling the Fund toll-free at 1-877-896-2590.
Please retain this Supplement for future reference.